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Account Title Cash Office Supplies Prepaid Insurance First Class Maids Company Adjusted Trial Balance December 31, 2024 Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Revenue Macy, Capital Macy, Withdrawals Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Equipment Insurance Expense Total Balance Debit Credit

Account Title Cash Office Supplies Prepaid Insurance First Class Maids Company Adjusted Trial Balance December 31, 2024 Equipment Accumulated Depreciation-Equipment Accounts Payable Salaries Payable Unearned Revenue Macy, Capital Macy, Withdrawals Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Equipment Insurance Expense Total Balance Debit Credit

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Account Title Cash Office Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue First Class Maids Company Adjusted Trial Balance December 31, 2024 Macy, Capital Macy, Withdrawals Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Equipment Insurance Expense Total Balance Debit Credit
Transcribed Image Text:Account Title Cash Office Supplies Prepaid Insurance Equipment Accumulated Depreciation Equipment Accounts Payable Salaries Payable Unearned Revenue First Class Maids Company Adjusted Trial Balance December 31, 2024 Macy, Capital Macy, Withdrawals Service Revenue Salaries Expense Supplies Expense Depreciation Expense-Equipment Insurance Expense Total Balance Debit Credit
Reference Dec. 31 Bal. Dec. 31 Bal. Dec. 31 Bal. Dec. 31 Bal. Cash 1,200 1,200 Office Supplies 4,000 3,000 Prepaid Insurance 800 190 1,000 (a) Equipment 30,000 30,000 610 (b) Accum. Depr.-Equipment 5,000 Dec. 31 460 (c) 5,460 Bal. (e) Dec. 31 Bal. Accounts Payable 1,500 Dec. 31 Salaries Payable 380 1,500 Bal. 270 (d) Unearned Revenue 3,000 270 Bal. Macy, Capital 400 Dec. 31 (a) 20 Bal. 16,100 Dec. 31 16,100 Bal. Macy, Withdrawals 3,000 Dec. 31 (d) Bal. Bal. (C) Bal. Bal. Service Revenue Salaries Expense 8,000 270 8,270 Supplies Expense 1,000 1,000 Depr. Expense-Equipment 460 24,000 Dec. 31 380 (e) 24,380 Bal. 460 Insurance Expense 610 610 X
Transcribed Image Text:Reference Dec. 31 Bal. Dec. 31 Bal. Dec. 31 Bal. Dec. 31 Bal. Cash 1,200 1,200 Office Supplies 4,000 3,000 Prepaid Insurance 800 190 1,000 (a) Equipment 30,000 30,000 610 (b) Accum. Depr.-Equipment 5,000 Dec. 31 460 (c) 5,460 Bal. (e) Dec. 31 Bal. Accounts Payable 1,500 Dec. 31 Salaries Payable 380 1,500 Bal. 270 (d) Unearned Revenue 3,000 270 Bal. Macy, Capital 400 Dec. 31 (a) 20 Bal. 16,100 Dec. 31 16,100 Bal. Macy, Withdrawals 3,000 Dec. 31 (d) Bal. Bal. (C) Bal. Bal. Service Revenue Salaries Expense 8,000 270 8,270 Supplies Expense 1,000 1,000 Depr. Expense-Equipment 460 24,000 Dec. 31 380 (e) 24,380 Bal. 460 Insurance Expense 610 610 X
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